SWIFT/BIC code WEDVPHM1XXX
WEDVPHM1XXX belongs to Wealth Development Bank in Cebu City, Philippines.
Code details
| SWIFT/BIC code | WEDVPHM1XXX |
|---|---|
| 8-character code | WEDVPHM1 |
| Branch code | XXX |
| Bank | Wealth Development Bank |
| Branch | Head office |
| City | Cebu City |
| Country | Philippines |
How the Wealth Development Bank SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- WEDV Bank code
- 4 letters that identify the bank.
- PH Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution is behind SWIFT code WEDVPHM1XXX?
The code WEDVPHM1XXX belongs to the head office of Wealth Development Bank in Cebu City, Philippines. Use it when a payment to Wealth Development Bank does not need a specific branch.
What happens if I use WEDVPHM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check WEDVPHM1XXX with the recipient before you confirm.
How long does a transfer to Wealth Development Bank take in Philippines?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
Are WEDVPHM1 and WEDVPHM1XXX the same SWIFT code?
Yes. WEDVPHM1 is the short version of WEDVPHM1XXX. XXX simply means head office, so either version will reach Wealth Development Bank in Cebu City.
What is the cheapest way to send money to Wealth Development Bank in Philippines?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Philippine Peso with transfer services before you send.
Which details do I need for a transfer to an account at Wealth Development Bank?
You need the SWIFT/BIC code WEDVPHM1XXX, the account number or IBAN of the recipient, their full name and address. Philippines is not part of SEPA, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.